UBS Group (UBS) Set to Announce Earnings on Tuesday

UBS Group (NYSE:UBS) is scheduled to announce its earnings results before the market opens on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.23 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

UBS Group (NYSE:UBS) last issued its quarterly earnings data on Tuesday, February 6th. The bank reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.18). UBS Group had a return on equity of 7.56% and a net margin of 43.70%. The company had revenue of $10.86 billion for the quarter, compared to the consensus estimate of $12.06 billion. During the same period in the prior year, the firm posted $0.50 earnings per share. The business’s revenue for the quarter was up 35.2% on a year-over-year basis. On average, analysts expect UBS Group to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

UBS Group Stock Performance

Shares of NYSE:UBS opened at $27.17 on Monday. The business’s 50 day moving average is $29.54 and its 200 day moving average is $28.41. UBS Group has a 12-month low of $18.71 and a 12-month high of $32.13. The company has a quick ratio of 1.09, a current ratio of 1.10 and a debt-to-equity ratio of 4.23.

UBS Group Increases Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, May 3rd. Shareholders of record on Thursday, May 2nd were issued a dividend of $0.228 per share. This represents a yield of 0.82%. This is an increase from UBS Group’s previous annual dividend of $0.18. The ex-dividend date of this dividend was Wednesday, May 1st. UBS Group’s payout ratio is currently 2.56%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Societe Generale raised shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Wednesday, February 7th. Citigroup downgraded UBS Group from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 23rd. Morgan Stanley raised UBS Group from an “equal weight” rating to an “overweight” rating in a research report on Friday, March 8th. Finally, BNP Paribas cut UBS Group from an “outperform” rating to a “neutral” rating in a research report on Monday, April 22nd. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

About UBS Group

UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through five divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, Investment Bank, and Non-core and Legacy. The company offers investment advice, estate and wealth planning, investing, corporate and banking, and investment management, as well as mortgage, securities-based, and structured lending solutions.